TSMC Reports Q4 Revenue of NT$1.05 Trillion, Beating Expectations
- Significant Revenue Growth: TSMC reported NT$1.05 trillion (approximately $33.1 billion) in revenue for Q4, exceeding analysts' expectations of NT$1.02 trillion by about 20%, showcasing the company's robust performance amid global AI chip demand.
- Strong Market Demand: Despite typical seasonal slowdowns, demand for TSMC's advanced manufacturing remains strong, which is expected to keep revenues stable, reflecting the ongoing momentum driven by AI technologies.
- Future Investment Plans: The company plans to allocate at least $48 billion for its 2026 budget, approximately 20% more than this year, which will support its expansion and technological advancements in the AI chip sector.
- Stock Price Upgrades: Several Wall Street firms have raised their stock price forecasts for TSMC since January, with JPMorgan Chase highlighting expectations of strong sales growth and improved profit margins, indicating market confidence in its future performance.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00922 | 0.0148 | 0.0204 | 0.026 | 0.0316 | 0.0372 | 0.0428 |
| Fibonacci | 0.0148 | 0.0191 | 0.0217 | 0.026 | 0.0303 | 0.0329 | 0.0372 |
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